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Gold/Mining/Energy : Strictly: Drilling and oil-field services
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To: Crimson Ghost who wrote (43566)4/30/1999 9:08:00 AM
From: WWS  Read Replies (2) of 95453
 
George, the Fed's hand has got to be on the throttle (for possible throttle down move) after today's report on GDP (see URL below). Add to a "hot" economy the rippling inflationary effects of increased energy pricing and you've got two ingredients sufficient in their own right to cause the Fed to tighten, and to tighten soon. In your opinion, what are the implications for the oil patch assuming this scenario for the sake of argument?
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